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PPA OPTIMISTIC ON LEGALISED ONLINE GAMBLING IN THE U.S.A.
The executive director of the million-member Poker Players Alliance shared his thoughts on the future of online gambling in the United States with KSL-TV this week, opining that it's only a matter of time before the pastime is regulated.
"You know that phrase 'strike when the iron is hot?'" said Pappas, "Well, people who want to legalize online poker say the iron is definitely warming up. Whether it's next year or five years from now, I think it's going to happen very soon."
Pappas told the television station that lawmakers in Washington, D.C., as well as in the state of California, have introduced bills preparing the way for the regulation of online poker. He said that all the industry is asking for is regulation over a thriving business that already exists.
"Internet poker has been around for over 10 years, but it's primarily been operated by companies who are based offshore, outside the jurisdiction of the United States," Pappas said.
Answering critics who fear the underaged could access poker websites, Pappas said he believes poker sites would do a far better job at keeping kids off the sites than the porn industry has done.
"There is no benefit for some child to steal their parent's credit card, gamble, lose money, and then that site has to give all that money back," he said, adding that software already exists that can ensure someone under the age of 18 can't access other pay sites, and that this could be used for online poker.
Another concern people have is giving problem gamblers a new place to feed their addiction. But American Gaming Association communications director Holly Thomsen told the station there are ways to deal with that, too.
"If you have a computer that's set to say ‘I don't want to bet any more than $100 in this session,' when you hit that mark, you're not allowed to gamble on that site anymore," she told KSL-TV.
However, Thomsen says her trade association is stopping short of endorsing legislation seeking to regulate online gambling. She commented that the AGA remained neutral on all Internet gambling bills, except for supporting a study on the implications of introducing regulation and taxation. She added, however that the association is currently debating a change of position on the issue and expects to make an announcement early in the new year.
Thomsen revealed that there are some members of the organisation who want legislation on a federal level, while others want states to regulate it, and others don't support Internet gambling at all.
"We're trying to reconcile those viewpoints, if possible," Thomsen said.
She concluded that regulators don't think current laws against online gambling really do much to stop people from going to an offshore gambling Web site.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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